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GETTING TO A CARBON NEUTRAL ENERGY SYSTEM TOM BURKE NATIOANL LIBERAL CLUB LONDON APRIL 16 TH 2008
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THE NUMBERS 2 0 C 0.7 0 C 383 ppm, 400ppm 425 ppm 2/3 ppm 450 – 550ppm
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THE OTHER NUMBERS 2030 50% 83% 81% 50% 57% 116mb/d $21trillion
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Now2050 7 GtC 14 GtC Phase I Investment dominates Phase II Carbon prices dominate Regulation, taxation, carbon markets, investment Lower cost Higher cost Highest cost
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TOOLS SERMONS JOBS LAWS MONEY
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POLICY FLOW Regulatory Measures Technology standards Carbon pricing Carbon taxes Behaviour changes Revenues Tax pool Investment Incentives
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POLITICS Smaller government Lower taxes Lighter regulation An ever expanding realm of personal choice Markets are always wiser than governments
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